Under contract-accepting backup offers. Pre-Construction. To be built. Welcome to Edgewater, proudly known as the "Local's Choice" for East Coast beaches! Nestled in Volusia County along the serene Indian River, Edgewater offers a laid-back lifestyle with unparalleled access to stunning beaches, lush parks, and scenic nature trails. Embrace the charm of this coastal community, where you can explore local shops and restaurants, participate in vibrant community events, and indulge in a variety of outdoor activities. Edgewater is more than just a place to liveāit's a place to thrive.
The openness of the Wilmington plan's great room seamlessly leads you to a well-appointed kitchen, the builder's gourmet option is included providing all the appliances including a refrigerator, ample space to entertain while staying connected with family and guests. This home shines with deluxe trim, yet a casual, inviting atmosphere perfect for fun and entertainment. Additionally, this home is built with the 4th bedroom private bath option all of your guests will enjoy. The split bedroom layout positions the master suite as your private oasis, ensuring tranquility and comfort. Enjoy the Deluxe Bath option included in this home! The oversized 3-car garage is a standout feature, offering exceptional storage and utility space. From the covered front porch to the spacious great room, and oversized screened patio this Wilmington plan is designed for enjoying life with all the special people in your life. You'll want to make the Wilmington your home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$574,990
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $459,992 | $459,992 | $459,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $54 | $54 | $54 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,099 | $3,057 | $3,879 |
Total Monthly Payment | $3,245 | $3,203 | $4,025 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.